The Board of Directors of AWC Berhad ("the Company") wishes to announce that all the resolutions under Ordinary and Special Businesses as prescribed in the Notice of Twentieth Annual General Meeting ("20th AGM") of the Company dated 26 October 2021 were duly passed by the shareholders of the Company by way of poll via remote participation and voting at the 20th AGM of the Company held on Thursday, 25 November 2021.
The result of the poll was validated by Asia Securities Sdn. Bhd., the independent scrutineer appointed by the Company.
The Audited Financial Statements for the financial year ended 30 June 2021 together with the Reports of the Directors and Auditors thereon were received and duly tabled at the 20th AGM of the Company under Agenda 1.
Please refer to the attachment for the details of the outcome.
This announcement is dated 25 November 2021.
Voting Results |
||
1. Ordinary Resolution 1 |
||
Description |
To approve the distribution of a Final Single-Tier dividend of 1.0 sen per ordinary share for the financial year ended 30 June 2021. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 99 | 9 |
No. of Shares | 121,741,912 | 108 |
% of Voted Shares | 99.9900 | 0.0001 |
Result | Accepted | |
2. Ordinary Resolution 2 |
||
Description |
To approve the payment of Directors' fees and benefits of up to RM308,000 for the period commencing from the date immediately after the 20th AGM until the date of the next Annual General Meeting of the Company. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 87 | 18 |
No. of Shares | 120,252,292 | 924,728 |
% of Voted Shares | 99.2369 | 0.7631 |
Result | Accepted | |
3. Ordinary Resolution 3 |
||
Description |
To re-elect Tunku Puan Sri Dato' Hajjah Noor Hayati Binti Tunku Abdul Rahman Putra Al-Haj as Director who retires by rotation in accordance with Clause 85 of the Company's Constitution. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 92 | 14 |
No. of Shares | 120,719,329 | 922,391 |
% of Voted Shares | 99.2417 | 0.7583 |
Result | Accepted | |
4. Ordinary Resolution 4 |
||
Description |
To re-appoint Baker Tilly Monteiro Heng PLT as Auditors of the Company until the conclusion of the next Annual General Meeting of the Company and to authorise the Directors to fix their remuneration. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 97 | 10 |
No. of Shares | 121,491,912 | 190,108 |
% of Voted Shares | 99.8438 | 0.1562 |
Result | Accepted | |
5. Ordinary Resolution 5 |
||
Description |
To retain Dato' Nik Mod Amin Bin Nik Abd Majid as an Independent Non-Executive Director of the Company. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 2 | 0 |
No. of Shares | 101,073,300 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
6. Ordinary Resolution 6 |
||
Description |
To approve the general authority for the Directors to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act 2016. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 92 | 15 |
No. of Shares | 120,748,529 | 993,191 |
% of Voted Shares | 99.1842 | 0.8158 |
Result | Accepted | |
7. Special Resolution |
||
Description |
To approve the proposed amendments to the Constitution of the Company. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 97 | 11 |
No. of Shares | 121,540,912 | 201,108 |
% of Voted Shares | 99.8348 | 0.1652 |
Result | Accepted | |
8. Ordinary Resolution 5 - Tier 2 |
||
Description |
To retain Dato' Nik Mod Amin Bin Nik Abd Majid as an Independent Non-Executive Director of the Company. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 88 | 16 |
No. of Shares | 19,685,762 | 982,491 |
% of Voted Shares | 95.2464 | 4.7536 |
Result | Accepted | |